Product Description
by George C. Fisher (Author)
In today's euphoric bull market, everyone wants in. For millions of investors, however, even US$8 trades with Ameritrade cut too deeply into their pockets - and profits. But, there is a solution. Of the more than 45 million Americans who own stocks, more than 5 million are enrolled in dividend reinvestment programmes or direct stock purchase plans (leaving a large markt for new DRIP investors). These investors have defied conventional wisdom, showing that it doesn't take hundreds or thousands of dollars to launch a successful investing plan.
Back Jacket
Techniques for Building a Substantial Investment Portfolio--For as Little as $50 a Month!
Dividend reinvestment plans (DRIPs) and direct stock purchase plans (DSPs) allow investors of any income level to invest directly in some of today's best companies--including General Electric, Wal-Mart, Merck, and dozens of others--without paying broker fees and commission charges. "All About DRIPs and DSPs--"the latest addition to McGraw-Hill's popular ""All About" "series--tells you everything you need to know to take advantage of this money-saving investment opportunity.
More than that, this dynamic, easy-to-understand book details the strategies and techniques you can use to invest in only the best stocks and bonds--those with proven, long-term track records and exceptional outlooks for continued growth. Look here before you send another dollar to your broker or mutual fund to learn: Basics of DRIP and DSP investing, including what it is, how it works, and why it is right for you Resources for quickly conducting your own stock and company research The Best of the Best--16 DRIP companies with an average 10-year annual return of 20%+ and regularly increasing dividends
Professional investors know the secret to long-term growth is to keep all of your money in the market, compounding only for your benefit. "All About DRIPs and DSPs "shows you how to join the millions of individual investors who have discovered these remarkably simple programs--and are using them to build substantial portfolios for themselves and their families.